Tuesday, August 7, 2007

EEP! My Home Is Not Selling!

Having a home that is listed for a long time presents a number of different problems for a home seller. Least of all is the stress associated with having a long-term listing and not being able to move on with life. Most sellers will need to sell their homes before they can purchase another home and this presents difficulties if work has required a move and housing needs to be dealt with quickly. However you still want to sell your home for a decent profit and not get taken to the cleaners on the price. Price, in fact is usually the biggest factor when a home isn't selling quickly. One must ask themselves if the home was priced correctly? Usually a home is priced in accordance with comparable homes in the area that are currently listed or have recently been sold.
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